Last but not least in the Tell Us Tuesday questions inspired by this survey:
What was the best financial, personal finance or frugality advice that you’ve ever received from an older person (in your family or someone that you know personally) and what advice will you give to your children.
I’ll go first.
I think the best advice I’ve received from a family member was from my grandmother, who was very financially savvy, who told me to always invest in things that people would always need. She used as an example GE stock, saying that people would always need refrigerators, but I think you could take that to mean things like clean energy, or water, or affordable food and so on. As far as advice that I would pass on to my children, I think it would be to start saving early, even without a concrete plan, because you’ll never have too much money saved.